Search Results for 'Bankruptcy'

As a year of potentially enormous political significance begins, Insider has decided to look at the prospects for each party, both on a national and local level. Insider will look at Galway West today, and return to Galway East in the coming weeks. Insider cannot recall a time of more political uncertainty, and he firmly believes that the result of the election could also differ considerably depending on the date it is held. Is the 'Gilmore Gale' still blowing? Will Brian Cowen even lead FF into battle? Has Enda Kenny put the questions over his capacity for the job of Taoiseach to bed? Will the disaffected members of the public support SF in unprecedented numbers? How many more sitting TD's will opt out? Are the Greens already a spent force? So much uncertainty, and so much anger. So much to lose, and so much to win. Insider has decided to sum up the reasons he would vote 'for' or 'against' each party.

An Athlone couple had a seven year battle with a builder formally resolved in the Circuit Court this week (December 7), when a judge awarded them over €33,000 in lieu of shoddy work at their home.

The week in business started off badly for July as shock figures showed that 900 businesses throughout Ireland have ceased trading since the beginning of the year as a result of liquidations, examinerships, or receiverships. In addition up to 2,000 jobs are at risk at Eircom while an expert group has been commissioned to examine the value of all semi-state companies including the ESB and Bord Gais. Despite claims that the country is coming out of recession industries suffering with low consumer spending include retail, wholesale, hospitality, finance and construction. The effect is being felt in Mayo as a number of local companies feature on the latest list of businesses that have folded in recent weeks, some of which are detailed below.

A modified survival scheme for two companies in Galway businessman John Sweeney's Black Shore group may resolve Anglo Irish Bank's concerns about the scheme, the High Court heard today (Wed).

Judge John Neilan has launched a stinging attack on bankers, warning that he will issue an arrest warrant for any banker or bank governor who frightens, intimidates, or threatens a person in debt.

What on earth was Fergie thinking of? The once so popular Duchess of York who unfortunately came crashing down to earth following a ‘toe-sucking’ incident is yet again on the front pages for all the wrong reasons — selling introductions to her husband, the Duke of York, of all things. Getting to meet Prince Andrew didn’t come cheap either as Fergie wanted no less than $40,000 cash for the privilege — which it appears she succeeded in getting too from the tabloid journalist who carried out the ‘sting’ operation. (We’re still awaiting details on whether she actually handed the cash back).

The Supreme Court has set aside an arbitrator's award made in favour of a construction company in a dispute with Galway City Council over withdrawing funds relating to a €6.3 million contract for the redevelopment of Eyre Square.

The Communications Workers Union (CWU) is calling on the Government to help maintain Postbank services, following a meeting with Postbank management yesterday (Thursday) to discuss the future of staff at the company, including 170 workers in its Athlone call centre.

Galway businessman John Sweeney, whose Black Shore Holdings company was wound up last week, has consented to a € 2.7 million summmary judgment order being made against him at the Commercial Court over unpaid loans.

Germany state lender KfW transferred €300 million to Lehman Brothers on the day the US giant filed for bankruptcy.